Issue related to Payment Terms.

[Former Member]

Dear Gurus,

The requirement is: We use payment terms as 3% discount if the customer pays the due in 7 days.

How can system calculates the 3% discount If the customer pays the due within 7 days. Because in the conditions the price is credit price. So how the discount 3% will be caculated in the system.

Thanks & Regards,

Sreehari

Edited by: Sreehari Kondapalli on Feb 10, 2008 11:07 AM

[Former Member · Accepted solution]

you do assign payment terms in customer master and it automatically copied in to sales order. After billing if the customer paid the amount with in 7 days then it automatically calculates the discount while entering the incoming payments of customer in F-28 fi people get the information and they settle the account according to payment terms

While defining payment terms u give the date should be document data or posting date etc according to that system will pick the discount to be given and calculates the date

reward points if it helps

[Lakshmipathi]

Dear Sreehari

Go to OBB8, give some value in "Payt.Terms" and text for the same.

Now under the tab "Account Type", you have to select "Customer" and then assign "3" in white box below the tab "Percentage" and "7" in "No.of days".

Thanks

G. Lakshmipathi